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In this volatile indian stock market one can concentrate on software technologies stocks such as INFOSYS,TCS,SATHYAM,NIIT TECHNOLOGIES.Till january 2nd to 3rd week you can see an momentum in software stocks,so buy now and book the profit as your wish.

Tomorrow(20-12-07) market will fall.High volatality will continue.at the same time tomorrow is the right time to start buying.i have already recommended more no of stocks in my previous messages. choose according to your wish.Don't panic

Bhagyanagar India Ltd. is a Hyderabad based company which has forayed into real estate and infrastructure development to unlock the value of its existing land bank of 3 million square feet. The new development projects include integrated residential townships, IT parks, and hardware parks. The present value of the undeveloped land bank and tenanted property of the company is Rs 6,160 mn.

The one million square feet technology park in Uppal is the likely to complete in 15 to 18 months. “Early next year we would have launched our housing project in Vizag in 52 acres, with 1.2 million sq ft.”

The revenues are likely to increase to Rs 3,591 mn in FY08 and Rs 5,021 mn in FY09 and the net profits likely to grow at a CAGR of 53.34% to Rs 936 mn by FY09. The company is valued at Rs 65 a share with an upside of 57% from the current stock price of around Rs 40. “For the next 4-5 years we see the company grow at 40 to 50 percent and expect 150 crores in infrastructure sales next year,” said Narendra Surana, MD, Bhagyanagar India.

Outright sale of small parcels and development of residential townships, IT parks and hardware parks on the larger land parcels is the route that works best in Hyderabad, for the company. It plans to sell the residential constructions and retain portions of commercial properties for the reason of higher rental yield on the latter. Over 6 Mn Sqft of net saleable area is likely to be developed over the next five years. A tourism project representing miniature monuments in India, a multiproduct SEZ and a resort complex are at different stages of finalization.

Bhagyanagar India has shown good Q4 Fy 07 results due to extensive real estate and infrastructure sales. The topline showed a YoY growth of 66.7 per cent and a QoQ growth of 90.02 per cent.

The company showed operating margins of 62.97 per cent as against 20 – 25 per cent in the previous quarters. Consequently the net profit jumped to Rs 487.86 mn, showing a YoY growth of 442.19 per cent and a QoQ growth of 609.31per cent in Q4 FY07.

On a consolidated basis, BIL showed a YoY growth of 35.96 per cent in the net sales in FY2007. The bottom line showed a YoY growth of nearly 170 percent.

The real estate and infrastructure division showed an impressive YoY growth of 452.68 per cent in its topline in FY2007. As the real estate and infrastructure division accounting for over 58 per cent of the company’s top line in Q4 FY07, it will remain the key area of focus. On a consolidated level, the division contributed 28 percent to the topline and nearly 76 per cent to the PBIT of the company in FY2007. The company is also keen on selling some of its unused land bank for which it is getting handsome price and subsequently investing the amount in development projects.

Karvy maintains a buy rating on the stock with a price target of Rs 65 ( fully diluted basis), valuing a real estate business at a 20% discount to its existing undeveloped land bank and other businesses at an EV/EBIDTA of 3x of FY08 earnings. While other divisions of the company such as copper based products are stable , the creative focus at Bhagyanagar has shifted elsewhere!

Bhagyanagar India Ltd has formed a special purpose vehicle (SPV), Bhagyanagar Entertainment Infrastructure Development Company Ltd, by partnering with IL&FS Infrastructure Development Corporation.

This 50:50 venture with IL&FS Infrastructure Development Corporation will focus on theme parks, special economic zones and industrial parks, according to Mr Narender Surana, Managing Director of Bhagyanagar India Ltd.

Mr Surana told Business Line that this entertainment SPV will be chaired by Mr GM Surana and Ms Rachana Gupta has been appointed as its Chief Executive.

Providing details of the venture, Mr Surana said that two projects have been identified and are ready for execution. While one is a Mini-India Theme Park, the other is the Arogya Dham project which seeks to offer traditional healthcare methods in the Health City coming up near Vizag.

The Mini-India Theme Park, jointly developed by Bhagayanagar and IL&FS, will be spread over a 30 acre site and will require an investment of nearly Rs 110 crore.

“As a part of new projects, we have applied for more clearances for infrastructure projects in the State, which would include industrial parks and special economic zones,” Mr Surana said.

Estimated EPS for this year was 8/- (Annualised).

Company Proposed EPS for 2008-09 is 15/- Karvy & other brokerages also acquiring this stock.

Already SENSEX down around 800 points and fall in sensex will continue,so one should be very careful. it will continue upto 2 more weeks.you can see an volatality in indian bullish market.At the same time one can start buying fresh positions tomorrow(18-12-2007) onwards.After three weeks only you can see an big rally in the indian stock market.volatality is good for experianced day traders. one can sell part of their position's during the opening session and he should cover it duing the closing session.but while doing this we should be very careful,keep on watching the market will help to trade in volatile indian stock market.

tomorrow(monday) market may crash.you can see a further fall in SENSEX In coming week most of the FII's will sell their whole position's. we should be very careful.try to book profit as soon as possible. the reason is very simple. coming weekend itself FII's will not buy any stocks due to their big festival X'MAS and New year are lined up. so in this coming week they will sell their holding's.after 2 weeks i.e around Jan 3rd onwards you can see a big rally in market. Don't take heavy position's. Try to take minimum position.and also if you are getting good amount of profit try to sell the stocks. Becareful in this indian bullish market. you just thing yourself.

1) AMBICA AGAR AROMA Ltd, Trading in NSE , BSE at 22/- in B1 Group.This is 10/- FaceValue share trading at 22/-.Industry type is Infrastructure.Share Capital Rs. 13 Crs.EPS 3/- Annulised. Good Fundamentals.Promoter Shares Holding 55%. Corporate Bodies 10%Public Only 35%.Company Planning to Demerging of Infrastructure Bussiness.The Company is constructing a commercial complex opposite to RTC Complex , Visakhapatnam,Vijayanagaram and Multiplex at Vijayawada and Complexes at Hyderabad and Chennai.The company assets can be valued at more than Rs 160 Crores. Once all these are out the share value will fly. Just go throuh the company assets and pick up the shares and dont miss it.Lot of Accumulating is going on last 3 days.

Enter current price at 22/-Target 35/- 55/- within 2 months time.Just invest and get 100 to 200% profit within 1months time.

US fed meet is going to happen on 12th december 2.30 am(IST) as markets may go up or downstream in both cases if there is rate cut of 25bps will affect the marketso there may not be a big rally , but if fedcuts more that is by 50bps or 75bps then we can see a rally of 1000 points from current position, so we have to wait for that news,after that only we can able to make our decision's. no need to worry,wait for tonight.

Hi friends i am doing trding in both NSE-BSE.Especially i have started this blog to share our prespective views on indian bullish market with each other,We can discuss about market trends and also we can share the tips(Delivery calls,intraday calls) so that eveyone can book some profit in this indian bullish market.